Malaysian firm, A. Brown seek greenlight for LRT-9 expansion from Lerma to Diliman
Malaysia-based AlloyMTD Group is waiting for the approval of the National Economic Development Authority (NEDA) Board for the Metro Rail Transit-9 (MRT-9), or the East-West Rail project.
MTD Philippines, Inc. President Patrick Nicholas David said the AlloyMTD Group has submitted the unsolicited proposal for the MRT-9 project to the Philippine government.
Once approved, the project would be up for a Swiss challenge, David added.
The MRT-9 project will be a nine-kilometer railway system connecting Lerma, Sampaloc in Manila and the University of the Philippines (UP), Diliman in Quezon City via Espa?a with a project cost of P60 billion.
He said AlloyMTD would be partnering with A Brown Company, Inc. for the development of the MRT-9.
A Brown is the developer of the high-end Xavier Estates in Cagayan de Oro City.
In November 2016, AlloyMTD also signed an agreement with the Philippines? East West Group to develop the MRT-9.
The Malaysian company has been in the Philippines since 2004, with South Luzon Expressway as its first project.
AlloyMTD also has ongoing partnership with the Philippine government-owned Bases Conversion and Development Authority (BCDA) to build the National Government Administrative Center (NGAC) in New Clark City in Central Luzon. (PNA)